nominal value

USAGE SUMMARY

The phrase "nominal value" is correct and usable in written English.
It is typically used in financial or economic contexts to refer to the stated value of an asset, security, or currency, without adjusting for inflation or other factors. Example: "The nominal value of the bond is $1,000, but its market value may fluctuate based on interest rates."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

But the nominal value of mortgage debts would remain fixed.

The Economist

The rules permit lobbyists to provide refreshment of "only nominal value".

The New York Times

Still, because the policy does allow for individual gifts of "nominal" value, some backsliding has occurred.

The New York Times - Style

The nominal value of the insurance outstanding is now $62 trillion, up from $900 billion in 2000.

The New York Times

Alliance Boots bought back some its own debt, principally mezzanine finance, with a nominal value of £191m.

The Guardian - Business

When the actual intrinsic value of the metal becomes greater than the nominal value of the coin, change disappears.

The New Yorker

It is also said to have recommended that all gifts since 1998 above a nominal value should be published.

The Guardian

Third, the Treasury must stop blocking the proposal for insuring the nominal value of residential mortgage-backed securities.

The Guardian - Opinion

This is because it lowers real debt burdens and increases the nominal value of real assets.

The Economist

In 1996 Mr Ecclestone transferred two of his key companies to his wife.APM1 had 12 shares of equal nominal value.

The Economist

But the rise in the nominal value of services in GDP reflects a rise in the relative price of services.

The Economist

Expert writing Tips

Best practice

When discussing financial instruments or economic data, clarify whether you are referring to the "nominal value" or the real value (adjusted for inflation) to avoid ambiguity.

Common error

Avoid using "nominal value" interchangeably with "real value". "Nominal value" refers to the value in current monetary terms, while real value adjusts for inflation or other factors, providing a more accurate picture of purchasing power or economic impact.

Linguistic Context

The phrase "nominal value" functions primarily as a noun phrase. It typically modifies another noun, such as "interest rate" or "GDP", to specify that the value is expressed in current monetary terms, without adjustments for inflation or other external factors. As Ludwig AI confirms, it is widely used and grammatically sound.

Expression frequency: Very common

Frequent in

Science

38%

News & Media

32%

Formal & Business

30%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "nominal value" is a grammatically sound and frequently used noun phrase, particularly in finance, economics, and science, as supported by Ludwig AI. It refers to the face value of an asset or economic indicator without adjustments for inflation. To ensure clarity, it is best practice to differentiate "nominal value" from real value. Common errors involve confusing the two, leading to misinterpretations of financial data. Alternatives like "face value" and "stated value" can be used depending on the context. The phrase maintains a professional and formal tone and is present in authoritative sources like The Economist and The New York Times.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

face value

Emphasizes the stated value, particularly in financial contexts.

stated value

Highlights the explicitly declared value.

par value

Refers to the value assigned to a share or security upon issuance.

book value

Indicates the value of an asset as recorded in a company's books.

initial value

Focuses on the starting or original value.

surface value

Implies a value that is apparent but potentially not reflective of the true worth.

numerical designation

Highlights the numerical identification of something.

assigned worth

Emphasizes the worth or value that has been allocated.

official price

Refers to the price that is formally recognized or set.

superficial measurement

Suggests a basic or surface-level measurement, possibly lacking depth.

FAQs

How is "nominal value" used in financial contexts?

"Nominal value" refers to the face value of an asset, like a bond, without adjusting for inflation or other external factors. It's the stated value at the time of issue.

What's the difference between "nominal value" and "real value"?

"Nominal value" is the value in current monetary terms, while "real value" is adjusted for inflation, providing a more accurate representation of purchasing power over time.

When should I use "nominal value" instead of "face value"?

While "nominal value" and "face value" are often interchangeable, "nominal value" is more broadly applicable across different contexts, whereas "face value" is typically specific to financial instruments like bonds or currencies.

What are some alternatives to using the phrase "nominal value" in a sentence?

Depending on the context, you could use alternatives like "stated value", "face value", or "initial value".